Motorbike producer KTM Power Sports AG has all chances of being back in the black this business year after seeing a rise in earnings in the first quarter.Stefan Pierer, head of the firm with headquarters in the Upper Austrian town of Mattighofen, said today (Fri) its earnings before interest and taxes (Ebit) in the third […]
A Croatian university has controversially turned down an offered 8,000-Euro donation by the foundation of one of Austrias biggest banks.Erste Banks Erste Stiftung foundation wanted to support the Faculty of Philosophy in Split with 8,000 Euros, but dean Dr. Marko Trogrlic rejected the offer citing fears it would “interfere with the facultys autonomy”.Ljiljana Kolesnik, who […]
Styrian electronic products manufacturer Seidel Elektronik said it hoped for pre-crisis business figures for this year as it employs more staff than ever before despite difficult economic circumstances.The Deutschlandsberg-based firm said today (Thurs) that with 342 now on its books, it currently had more employees than ever, adding that it was currently looking for additional […]
DO&CO has already qualified for the Euro2012 after the caterer was chosen to organise the events hospitality services.The Viennese company announced today (Thurs) it will handle catering for the tournaments premium partners and officials. The 2012 European Football Championships will take place in Poland and the Ukraine.The firm, which is headed by Attila Dogudan, was […]
Upper Austrian firm Franz Hittmayr GmbH has filed for bankruptcy, it has emerged.The Alpine Creditors Association (AKV) said today (Thurs) judges at the provincial court in Wels have started dealing with the Redlham-based industrial companys situation.The body said Franz Hittmayr GmbH had debts of more than 3.9 million Euros. It added the plan was to […]
The Viennese tourism industry seems to be over the worst of the economic downturn as it had its best first six months of the year in history.Vienna tourism chief Norbert Kettner revealed today (Thurs) that 4.8 million overnights occurred between January and June of this year, up by 12.9 per cent year on year and […]
Austrian construction top dog Strabag SE has won a second major assignment in Abu Dhabi within two months, it has been revealed.Company CEO Hans Peter Haselsteiner announced today (Weds) Strabags German subsidiary Züblin held 47.5 per cent of the assigned consortium, adding that the port construction project had a value of 105 million Euros.The new […]
Social Democratic (SPÖ) Infrastructure Minister Doris Bures has rejected calls for a taxation of flight tickets.The German government coalition of the Christian Democratic Union of Germany (CDU) and the Free Democratic Party (FDP) recently announced plans to charge tickets from next year to force aviation companies into doing their bit to help restore the state […]
Camcorder prices have plummeted, an electronic consumer goods website reports.Experts from Geizhals.at, a price comparison platform, said today (Tues) camcorders were 27 per cent cheaper between April and June compared to the first quarter of this year.They added that prices for Blu-ray disc players dropped by an average 13.1 per cent in the second quarter […]
More than 100 workers are facing the axe after an American car parts maker announced it is set to close its Austrian factory next month.Lear Corporation said today (Tues) it will shut down its site in Köflach, Styria, on 24 August.Styrian Social Democratic (SPÖ) Deputy Governor Siegfried Schrittwieser said he offered the 120 affected employees […]